Poland's PM hopes economy will shrink by less than 4% this year

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The Polish economy could shrink by less than 4% this year, while the unemployment rate will likely remain below 10%, Poland's Prime Minister Mateusz Morawiecki said on Saturday.

FILE PHOTO: Poland's Prime Minister Mateusz Morawiecki waves as he leaves after the second day of the European Union leaders summit, held to discuss the EU's long-term budget for 2021-2027, in Brussels, Belgium, February 21, 2020. REUTERS/Francois Lenoir/File Photo

WARSAW - The Polish economy could shrink by less than 4% this year, while the unemployment rate will likely remain below 10%, Poland’s Prime Minister Mateusz Morawiecki said on Saturday. Poland has announced a rescue package worth over 300 billion zlotys to help its economy survive the coronavirus crisis.

“I have a serious not only hope but also macro basis to believe that will not be double-digit, and even that it will be lower than economists had expected a month ago,” Morawiecki told RMF radio. “The fall in GDP expected by most financial institutions is 4%. I hope it will be lower than forecasts,” he also said.

 

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Lying is part of his job and Polish PM is very good in his job. He and formation of rednecks and fascists he represents. Poles hope impact of him and his colleagues will shrink by 100% in the near future.

At least one country is getting it right

4.5% to be exact. My hope and predictions.

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